Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the DFIS ETF, where 23,500,000 units were destroyed, or a 19.7% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the AB US Large Cap Strategic Equities ETF, which lost 2,300,000 of its units, representing a 35.4% decline in outstanding units compared to the week prior. Among the largest underlying components of LRGC, in morning trading today Microsoft is off about 0.7%, and Nvidia is lower by about 1.2%.
VIDEO: DFIS, LRGC: Big ETF Outflows
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